XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%

Price spread now: QFEX against StandX−0.030%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$380.375% of the position

Long on StandX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.017%−$2 on $10k

Price spread, last 7 days−0.009%−$1 · spread now −0.030%, 7d avg −0.036%

Together, before fees−0.026%+ Points / potential airdropStandX: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	65.680	0.0040	pay 0.0005% / 1h	50m 35s	$790K	$3.0M	40x
Short	QFEX SILVER-USD	65.660	0.0051	get 0.0006% / 1h	50m 35s	$447K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against StandX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee StandXbpFee QFEXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $2.37
Price spread: −0.030% → −0.036%: $0.59
Slippage, 4 orders: −$19.54
Fee StandX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$34.58
Costs to cover: 0.375%
Break-even: 109.2 days

Slippage from StandX: live order book, 1 min ago; QFEX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 1 min ago	2.28 bp	10.7 bp −$11	11.4 bp −$114	34.1 bp −$3,413	doesn't fit
Sell QFEX live order book, 4 min ago	2.28 bp	8.7 bp −$9	8.8 bp −$88	9.6 bp −$958	13.1 bp −$6,557

XAG on 44 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SILVER-PERP	−1.5176%	1h	65.532	−0.225%	$36K	$23K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.598	−0.125%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.690	+0.015%	$138.6M	$204.1M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.680	0.000%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.700	+0.030%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.690	+0.015%	$1.5M	$251K	100x	as long as short
Ondo Perps XAG-USD.P	+0.0001%	1h	65.560	−0.183%	$5.7M	$11.0M	25x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.658	−0.034%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.674	−0.009%	$4.5M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.611	−0.104%	$5.1M	$11.8M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.641%	$11K	$240	52x	as long as short
StandX XAG-USDlong	+0.0040%	1h	65.680	long leg	$790K	$3.0M	40x
Vest SI-PERP	+0.0046%	1h	66.106	+0.649%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.645	−0.053%	$3.8M	$893K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.611	−0.105%	$3K	$6K	20x	as long as short
QFEX SILVER-USDshort	+0.0051%	1h	65.660	−0.030%	$447K	$1.4M	20x
tradeXYZ xyz:SILVER	+0.0053%	1h	65.638	−0.064%	$174.5M	$94.0M	25x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.652	−0.043%	$29K	$166	5x	as long as short
Variational Omni XAG	+0.0086%	4h	65.668	−0.018%	$5.7M	$9.1M	—	as long as short
Kalshi KXSILVERPERP	+0.0099%	24h	65.690	+0.015%	$720K	$38.7M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.614	−0.101%	$467K	$570K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.630	−0.076%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.670	−0.015%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.690	+0.015%	$1.6M	$1.9M	20x	as long as short
Aster XAGUSDT	+0.0111%	4h	65.678	−0.003%	$2.7M	$1.1M	100x	as long as short
Binance XAGUSDT	+0.0112%	4h	65.680	0.000%	$191.8M	$862.9M	100x	as long as short
MEXC SILVER_USDT	+0.0112%	4h	65.660	−0.030%	$122.0M	$162.8M	1000x	as long as short
Aevo XAG-PERP	+0.0112%	1h	65.668	−0.019%	$47K	—	10x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.689	+0.014%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0122%	1h	65.676	−0.006%	$55K	$14K	25x	as long as short
Bybit XAGUSDT	+0.0133%	4h	65.690	+0.015%	$30.6M	$48.2M	150x	as long as short
edgeX XAGUSDC	+0.0138%	4h	65.690	+0.015%	$669K	$314K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0140%	4h	65.730	+0.076%	$396K	$1.5M	25x	as long as short
Nado XAG-PERP	+0.0143%	1h	65.641	−0.059%	$1.2M	$3.6M	10x	as long as short
Lighter XAG	+0.0152%	1h	65.670	−0.015%	$5.1M	$11.6M	25x	as long as short
Bullet SILVER-USD	+0.0205%	1h	65.692	+0.019%	$45K	$74K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.660	−0.030%	$77K	$414K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0213%	8h	65.690	+0.015%	$28.0M	$85.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	65.669	−0.016%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0244%	4h	65.680	0.000%	$23.2M	$52.8M	100x	as long as short
Hibachi XAG/USDT-P	+0.0264%	1h	65.696	+0.025%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0269% / S −0.0236%	1h	65.745	+0.099%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0355%	4h	65.690	+0.015%	$2.7M	$771K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0547%	1h	65.655	−0.039%	$1.0M	$943K	25x	as long as short